With Metaverse gaining ground among investors due to the increasing interest in cryptocurrencies, Decentraland's native token, MANA, is making headlines. Alongside new coins like Pushd (PUSHD) and Sandbox (SAND), MANA remains a viable investment prospect among relatively inexpensive coins to reach $1. Despite a bullish trend indicated for Decentraland, some analysts are recommending others like PUSHD over MANA. Forecasts of BlockDAG, a decentralized acyclic graph (DAG) protocol, promising 20,000x ROI, have received some attention, making control coins even more appealing to investors.
Despite the newer projects such as Ordi and Raboo, MANA is still strong and showing potential for massive surges. However, the near future seems uncertain as the coin undergoes a 'depression' phase, creating a faint chance for revival. Moreover, speculations rise about it going to zero following allegations from SEC that it is a security. Nevertheless, the MANA price is showing upward trends and might hit $1 soon. With discussions around Apple's VR headset launch, MANA's price may get a boost. Various tokens like Pullix (PLX) are gaining momentum and outshining MANA, possibly affecting the investor choice. Interestingly, certain platforms are considering delisting MANA for US customers in response to the evolving regulatory landscape.
Overall, despite some temporary setbacks and increasing competition, MANA continues to be a strong player in the crypto market and is expected to maintain its performance.
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